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Nonferrous metals generally fell overnight, LME lead prices dropped [SMM Lead Morning Comment]

Published: Feb 6, 2024 09:50
LME lead opened at $2140/mt and fell during the Asian trading hours yesterday. During the European trading hours, LME lead briefly hit the lowest of $2106/mt, closing down 1.43% at $2106/mt overnight.

SHANGHAI, Feb 6 (SMM) -

LME lead opened at $2140/mt and fell during the Asian trading hours yesterday. During the European trading hours, LME lead briefly hit the lowest of $2106/mt, closing down 1.43% at $2106/mt overnight.
The most-traded SHFE 2403 lead contract opened at 16205 yuan/mt and fell to the lowest point at 16125 yuan/mt. SHFE lead rose slightly and finally closed at 16150 mt, down 45 yuan/mt or 0.28% overnight.

Market review

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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